Small and medium-sized businesses (SMEs) are urged to adopt insurance policies by industry experts to reduce business risks and maintain sustainability. In order to help Nigerian SMEs affordably cover the essentials of successfully running their… Read More »Experts recommend that SMEs get insurance to reduce risk.
I have been watching with dismay for a while how market participants manipulate the markets to raise prices for products and services to extortionate levels, increasing inflation in the Nigerian economy. This is a result… Read More »Markets, unfair trade, and price inflation
The banking industry has been characterized as resilient despite a number of economic issues in the Afrinvest Banking Sector Report 2022. According to a recent report given by Victor Ndukauba, Deputy Group Managing Director of… Read More »Report: Banks are resilient in the face of an unstable economy.
According to Dangote Industries Ltd., it will continue to work with stakeholders to expand trade, industry, and economic activity in the nation in order to support the economy of that region. It was explained that… Read More »Dangote pledges to intensify economic activity and sponsors LITF
Due to the difficult year in question, the Association of Corporate Treasurers of Nigeria (ACTN) has forecasted that Nigeria will likely see currency instability, increased inflation, supply chain disruptions, and slower economic development in 2023.… Read More »Corporate treasurers anticipate increased inflation and currency volatility in 2023.
President Muhammadu Buhari has Nigerians with illicit money stashed in the soil would have problems with the decision of the Central Bank of Nigeria, CBN, to launch new designs on the naira denominations. Buhari also confirmed that… Read More »Buhari reveals those who will object to the CBN’s proposed redesign of the naira.
Oil prices rose more than $2 on Wednesday as concern about tightening supply offset the negative impact of uncertain demand, with Brent up $2.38 or 2.6 percent to $92.41 a barrel and West Texas Intermediate… Read More »Oil Prices Climb $2 as Supply Concerns Outweigh Weak Demand
The completion of a Share Purchase Agreement for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited, has been confirmed by the Central Bank of Nigeria (CBN) and the Asset Management… Read More »CBN, AMCON announce sale of Polaris Bank to SCIL
Wema Bank Plc, Nigeria’s most innovative bank, beat out 12 other banks to become the best-performing bank in the first half of 2022 (H1’22) with a weighted average score of 2.83 points. Wema Bank was… Read More »Wema Bank wins the award for Best Performing Bank in the First Half of 2022.
Mrs. Idowu Senbanjo, Chairperson of the Apapa Local Government Area, has expressed disappointment at the ongoing withdrawal of investors and multinational corporations from the ports.Senbanjo made the disclosure at a conference for port users in… Read More »Apapa LG’s Boss regrets the departure of investors and multinationals from the port